Investor Presentaiton
Key Highlights - FY23
GAR
Merger of
GAL with GIL
Execution of the Agreement and Scheme of Merger of GMR Airports Ltd (GAL) with GMR
Airports Infrastructure Ltd (GIL)
✓ Settle cash earnouts at INR 550 Cr and the equity earnouts at 4% out of 8% to GIL
✓ Received EUR 331 mn by issuing FCCB to Groupe ADP
Received CCI approval for merger; application filed with Stock exchanges and RBI
Deleveraging
•
Adjacencies
businesses at
GAL² Platform
Subscription of FCCB's by Groupe ADP and settlement of earnouts to repay corporate debt
and settle most of the contingent liabilities related to GPUIL
Received ~INR 13.9 bn from divestment of stake in Cebu Airport
•
GAL won the retail concession of Hyderabad Airport
Traffic at GMR'S
operational
airports
Domestic and international pax traffic of airports up by 56% YoY and 150% YoY¹
International pax traffic at 21% of total pax traffic - up from 15% in FY22
1. Includes Delhi, Hyderabad, Goa and Medan. For comparison purpose considered Medan's operation for full quarter
2. GMR Airports Limited Humility | Entrepreneurship I Teamwork and Relationships I Deliver the Promise I Learning and Inner Excellence I Social Responsibility | Respect for Individual
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